Results 281-300 of 9,948 for in 'Written Answers' speaker:Brian Lenihan Jnr

Written Answers — Tax Code: Tax Code (16 Dec 2010)

Brian Lenihan Jnr: Unfortunately, it was not possible to collate the information required for this answer in the time allowed. I will provide the Deputy with the answer in writing shortly.

Written Answers — Pension Provisions: Pension Provisions (16 Dec 2010)

Brian Lenihan Jnr: The issue raised is the payment from public service pension schemes of transfer amounts to beneficiaries of Pension Adjustment Orders (PAOs) granted under the Family Law Acts. The Family Law Acts are the responsibility of the Minister for Justice and Law Reform and any regulations made under those Acts are the responsibility of the Minister for Social Protection. The Acts provide that, in...

Written Answers — Tax Code: Tax Code (16 Dec 2010)

Brian Lenihan Jnr: The Stamp Duty reforms announced in the Budget have two aims: stimulation of the property market and commencing the necessary infrastructure for the commitment in the National Recovery Plan to introduce a Site Value Tax. As a result of the changes, Stamp Duty at a rate of 1% where the property value is under €1m and 2% on the excess above €1m, will now be payable on all residential...

Written Answers — Tax Code: Tax Code (16 Dec 2010)

Brian Lenihan Jnr: The position is that having an entitlement to a medical card will not exempt an individual from the Universal Social Charge (USC). However, it should be noted that payments from the Department of Social Protection such as job seeker's benefit, job seeker's allowance and the contributory and non-contributory State pension will be exempt from the USC. Therefore, the Universal Social Charge...

Written Answers — Tax Code: Tax Code (16 Dec 2010)

Brian Lenihan Jnr: Section 195 of the Taxes Consolidation Act 1997 provides an exemption from tax for the profits or gains arising to a person from the publication, production or sale of an original and creative work which has artistic or cultural merit in any of the five categories set out in the legislation, namely, a book or other writing; a play; a musical composition; a painting or other like picture; or a...

Written Answers — Ministerial Appointments: Ministerial Appointments (16 Dec 2010)

Brian Lenihan Jnr: In the period in question the following government appointments were made to bodies under the aegis of my Department: Name of Body Name of Appointee Date appointed The Commission of investigation into the Banking Sector Mr Peter Nyberg 08th July 2010 Conciliation and Arbitration Board for the Civil Service Mr Turlough O'DonnellMr Tom WallMr Gerard BarryMr Kieran McGovern (Adjudicator)...

Written Answers — Semi-State Bodies: Semi-State Bodies (16 Dec 2010)

Brian Lenihan Jnr: The information sought by the Deputy is set out in the table. Year ESB Bord na Móna Bord Gáis Coillte Eirgrid 2000 - - €14m - - 2001 - - €50.6m - - 2002 €19m - €21.7m - - 2003 €18.7m - €9.8m - - 2004 €63.8m - €9.7m - - 2005 €73.5m - €10.1m - - 2006 €68.8m €3.9m €9.1m - - 2007 €63m €8m €8.4m - - 2008 €123m €12m €27.9m €2.6m - 2009 €78m...

Written Answers — Financial Support Programme: Financial Support Programme (16 Dec 2010)

Brian Lenihan Jnr: The Government agreed on 28 November 2010 to the provision of a €85 billion financial support programme for Ireland in the context of a joint EU-IMF Programme. The State's contribution to the programme will be €17.5 billion while the external support will amount to €67.5 billion. The external assistance being provided is as follows: - €22.5 billion from the European Financial...

Written Answers — Budget Statement: Budget Statement (16 Dec 2010)

Brian Lenihan Jnr: The Budget process is the key mechanism through which Government fiscal policy is determined and presented each year. Generally, therefore, the annual Budget booklet is a necessarily long and very detailed publication. In order to provide Deputies and others with the key information with regard to the main budgetary aggregates and the taxation and expenditure policy measures being...

Written Answers — Public Interest Directors: Public Interest Directors (16 Dec 2010)

Brian Lenihan Jnr: The Deputy will be aware that public interest directors though nominated by me have been appointed by the boards of the various covered institutions. Details of individual public interest directors including remuneration are published in the annual reports. The general rule is that directors, including non executive directors, owe their duties to the company. The interests of the company...

Written Answers — Flood Relief: Flood Relief (16 Dec 2010)

Brian Lenihan Jnr: My Department made an application to the EU Commission for funding under the EU Solidarity Fund. A regional application was made as the estimate of the extent of the damage does not meet the Solidarity Fund's threshold of 0.6% of GNI or 935.5m euro for a national disaster. 111.5m euro of the 276.9m euro costs to the State were eligible for assistance under the EU Solidarity Fund criteria...

Written Answers — Pension Provisions: Pension Provisions (16 Dec 2010)

Brian Lenihan Jnr: I propose to take Questions Nos. 145 and 146 together. In my response to previous questions from the Deputy in these matters in October last, I explained that there is currently no underlying data available to my Department or to the Revenue Commissioners on which to base reliable estimates of the savings across the various scenarios outlined by the Deputy. Information on the numbers and...

Written Answers — Pension Provisions: Pension Provisions (16 Dec 2010)

Brian Lenihan Jnr: The position is that payments from the Department of Social Protection such as the contributory and non-contributory State pension will be exempted from the Universal Social Charge and are not included in an individual's overall income for the purpose of the Universal Social Charge (USC). The legislation also provides that where an individual's total annual income which is chargeable to...

Written Answers — Public Service Agreement: Public Service Agreement (16 Dec 2010)

Brian Lenihan Jnr: In 2008 the OECD Review of the Irish Public Service identified the need to move towards a more integrated Public Service. This would involve networked approaches to working with increased flexibility for workers. The report of the Task Force on the Public Service, Transforming Public Services , endorsed the need for a more integrated Public Service and a move to a unified labour market as a...

Written Answers — Public Service Agreement: Public Service Agreement (16 Dec 2010)

Brian Lenihan Jnr: The Performance Management System in operation in my Department is the Performance Management Development System (PMDS) introduced throughout the Civil Service on foot of General Council Report 1452. The Public Service Agreement 2010-2014 contains a commitment 'to introduce significantly improved performance management across all Public Service areas, and following the current review, the...

Written Answers — Departmental Staff: Departmental Staff (16 Dec 2010)

Brian Lenihan Jnr: During 2009, 2 people were employed on a short-term, temporary or consultancy basis by my Department. The annualised salary costs for 2009 was €290,203. During 2010, 7 people (including those employed in 2009) were employed on a short-term, temporary or consultancy basis by my Department. The annualised salary costs for 2010 was €739,474. The numbers above do not include staff on...

Written Answers — Fiscal Policy: Fiscal Policy (16 Dec 2010)

Brian Lenihan Jnr: The EU Commission's Autumn Forecasts project real GDP growth of 0.9% for 2011 and 1.9% for 2012 after an anticipated marginal decline of 0.2% for 2010. My Department's forecasts are 1.7% for 2011 and 3.2% for 2012 after a marginal increase of 0.3% for 2010. Reuters also publish a monthly survey of private sector economic forecasts (typically 10 economists surveyed). The results are known as...

Written Answers — Banks Recapitalisation: Banks Recapitalisation (16 Dec 2010)

Brian Lenihan Jnr: The Deputy will be aware that I have already stated that I do not agree with the comments made by the Chairman of Anglo. The Central Bank set out its estimates of the banks' capital requirements following the results of the PCAR exercise on 30 September. The PCAR takes account of all elements of the banks' loan books, including the mortgage loan books. It has taken a realistic view of the...

Written Answers — Bank Guarantee Scheme: Bank Guarantee Scheme (16 Dec 2010)

Brian Lenihan Jnr: I am informed by the Revenue Commissioners that income tax is chargeable on employee bonuses in respect of the year in which those bonuses were earned, although PAYE tax is deducted in the year in which they are actually paid. Where the marginal income tax rate is the same for the year of payment and for the year the bonus was earned – for example, the rate has remained at 41% since 2007...

Written Answers — Bank Guarantee Scheme: Bank Guarantee Scheme (16 Dec 2010)

Brian Lenihan Jnr: In July 2009, Allied Irish Banks (AIB) brought to the attention of my Department that certain legacy issues had arisen regarding pre-existing contractual payments arising from their 2008 Capital Markets bonus scheme. The 2009 Scheme was withdrawn. These issues related to overseas locations where legal action had been threatened or initiated by some AIB employees. AIB advised that awards due...